
Corona Del Mar, California 92625
This Panoramic Ocean-View Residence is a premier Value-Add Asset in the Terraces. Listed at $2,650,000, the price reflects a location premium for its rare, elevated position relative to the $2,345,668 Fair Market Value. Currently in Original Builder Condition, the 1,800-square-foot interior and private courtyard offer a blank canvas to capture unobstructed views of Catalina Island and the Pacific Ocean. Served by Top-Rated Schools like Harbor View Elementary and Corona Del Mar High, this 55+ community home is a sophisticated choice for Lifestyle-Driven Buyers or Owner-Occupants seeking a custom coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3621 Geranium Subject | $2,650,000* List Price | 2 | 2 | 1,800 | $1,303 | - |
A 407 1/2 Goldenrod Sold | $2,235,000 | 2 | 3 | 1,566 | $1,427 | 0.6 mi |
B 501 1/2 Poppy Sold | $2,175,000 | 3 | 3 | 1,542 | $1,411 | 0.3 mi |
C 505 1/2 Marigold Avenue Sold | $1,930,000 | 2 | 3 | 1,435 | $1,345 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1987 (39 years old) and is explicitly described as being in 'original builder condition.' While the listing notes it is well-maintained, the kitchen and bathrooms feature dated 1980s oak cabinetry, tile countertops, and original appliances, which fits the criteria for a property over 30 years old requiring a full rehab to meet modern standards.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
The property offers exceptional, unobstructed views of Catalina Island, the Pacific Ocean, and city lights, significantly enhancing its prestige and long-term investment value.
Situated on a highly sought-after, single-loaded street in Corona Del Mar, this upper-level residence provides superior privacy and a quiet, secluded living environment.
Maintained in its 1987 original state, the interior requires significant cosmetic updates and modernization to meet the expectations of today's luxury buyers.
As a 55+ community residence, the potential buyer pool is restricted, which may limit market reach and impact resale liquidity compared to non-restricted neighborhoods.
Rare opportunity to own the most desirable streets in the Terraces — Geranium Avenue, a rarely available and highly sought-after location. Perfectly elevated Ocean View home on a single-loaded street, this upper-level single-story residence offers exceptional privacy, natural light, and panoramic coastal scenery. This 55+ community home features 2 bedrooms plus a versatile den, ideal for a home office, reading room, or additional guest room. Beautifully maintained in its original builder condition, the home reflects pride of ownership while offering a great opportunity to personalize moving forward. Enter through a private brick courtyard with gated access and interior buzzer, creating a welcoming and secluded entry experience. Inside, the residence is light and bright, enhanced by plantation shutters, crown moulding, and large windows that capture spectacular Catalina Island, Pacific Ocean, and city lights views from the main living areas. The spacious primary suite includes a walk-in closet and dual vanity sinks, providing both comfort and functionality. Residents enjoy a relaxed coastal lifestyle with HOA-maintained landscaping and exterior care, allowing for low-maintenance living. Community amenities are just moments away, including the pool, spa, BBQ area, clubhouse, and the nearby Oasis Community Center. Outdoor enthusiasts will appreciate direct access to Buck Gully Trail, perfect for peaceful walks and nature views. Ideally located in the heart of Corona del Mar, the home is just minutes from local beaches, the Village’s renowned restaurants and boutiques, Pelican Hill Golf Course, Newport Harbor, Fashion Island, John Wayne Airport and so much more — placing the best of coastal Orange County within easy reach.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 2.0 | 3.0 | 26% |
| Square foot | 1,800 | 1,717 | 56% |
| Lot Size | 97,872 | 3,542 | 93% |
| Price | $2.65M | $3.15M | 35% |
| Price per sq ft | $1.5K | $2.0K | 23% |
| Built year | 1987 | 2017 | 16% |
| HOA | $855.0 | $0 | 95% |
| Days on market | 41 | 165 | 9% |
Apr 7, 2026
$2,650,000
$2,800,000
-5% Price Drop
Initial Listing
Mar 12, 2026
$2,800,000
Initial Listing
Aug 18, 2004
$925,000
Public Record
Jan 20, 1999
$475,000
Public Record